I have often told my clients that I have no idea what prices will be next year, next week, or tomorrow.  Usually they laugh, and some say, “Well you’ve been doing this for many years, surely you have a gut feeling.”  OK, I have been doing this for many years, and the only thing I […]

I have often told my clients that gold and silver are real money around the world, throughout all ages, and in all currencies.  Bitcoin is supposedly not connected with governments around the world, and someone can use bitcoin as real money, which I doubt.  Why do I doubt it?  Because anyone can fabricate a bitcoin […]

Hey, I’m going to be 85 in a few months, and I’m going to tell you a story about a movie experience I had 54 years ago.  It has to do with gold, which is real money, as opposed to Bitcoin which is a fraud.  Would you rather have a real gold coin for $1200, […]

The most common question I have been asked since I began doing precious metals in November of 1977, (that’s correct, over 40 years ago!) is, “When are metals going up?” Or, “What’s going to happen with prices?”  Or people asking me to predict or know the future prices, or the future of anything.  My general […]

The use of barter in trade, is actually much older than actual ‘money,’ and can be dated back as long as written history exists.  The Bible’s timeline, probably dates back about 4,000 years, and the Hebrew Scriptures (Old Testament) uses the words ‘gold’ and ‘silver’ hundreds of times, not only as far as denoting wealth, […]

The inflation rate in Venezuela is 67,934 percent per year, currently anyway.  This means that if you wanted to buy an ounce of gold, it would be 81 million Bolivars, which is what they use to use for money, at least for now.  By the time you read this, they may have switched to the […]

The “bit-coin” fraud I have already written about, so I won’t further bother you with that scam, other than to remind you that a non-precious metal coin selling for about $7,000 is absurd.  They say that it’s good because you can use it without declaring it.  Gee Dad, you can do that with gold and […]

The Comstock gradually reached borrasca, but its fame lived on.  As a wonderful quote by “Kettle Belly” Brown, who had been the fire chief in Virginia City during the 1870’s, and who was being interviewed by a San Francisco newspaper said about San Francisco, “Where would the Palace Hotel be, I’d like to ask, if […]

Next week I’ll get into the economic results of the Comstock, but there’s one more name I want to mention about the characters of Virginia City, and that is Adolph Sutro.  Born in Germany in 1830, he immigrated to America, and became a cigar maker in San Francisco.  Hearing about the possibilities of riches in […]

By the year 1873, the Comstock mines had been in and out of bonanza several times.  After each slump, new mining ideas and devices came on, new prospectors came on the scene, and more silver was found.  No one was getting rich, but everyone was persistent.  The Comstock mines had produced scores of millionaires, and […]